Magic I&E Private Limited

This company trades and deals with a wide range of consumer, industrial, and electronic goods.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated:

Magic I&E Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.35 M
  • Company Age 8 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.65 Cr
  • Satisfied Charges ₹ 8.00 Cr
  • Revenue Growth -94.78%
  • Profit Growth -5.70%
  • Ebitda 96.21%
  • Net Worth -127.25%
  • Total Assets -10.78%

About Magic I&E

Magic I&E Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 July 2016 (Eight years and eight months 28 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.35 M.

The company currently has active open charges totaling ₹6.65 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinod Rupani, Bipin Shivajirao, and Hemant Thawani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51596MH2016PTC283605

  • Company No.

    283605

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jul 2016

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Company report

Magic I&E Private Limited

Explore comprehensive data for Magic I&E Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Magic I&E?

Board Members (3)

NameDesignationAppointment DateStatus
Vinod Rupani Country flag representing In Director 13-Jul-2016Current
Bipin Shivajirao Country flag representing In Director 14-Jul-2017Current
Hemant Thawani Country flag representing In Director 14-Jul-2017Current

Financial Performance of Magic I&E.

Magic I&E Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 94.78% decrease. The company also saw a slight decrease in profitability, with a 5.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 127.25%.

Magic I&E revenue growth over time
Magic I&E profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-94.78%
Revenue from Operations
-94.72%
Total Assets
-10.78%
Profit or Loss
-5.70%
Net Worth
-127.25%
EBITDA
96.21%

What is the Ownership and Shareholding Structure of Magic I&E?

In 2021, Magic I&E had a public holding of 45.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.50 M

Satisfied Charges

₹80.00 M

Charges Breakdown by Lending Institutions

  • Others : 6.65 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2021Others₹4.55 CrOpen
26 Mar 2021Others₹2.10 CrOpen
29 Aug 2017Punjab And Maharashtra Co-Operative Bank Limited₹8.00 CrSatisfied

How Many Employees Work at Magic I&E?

Unlock and access historical data on people associated with Magic I&E, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Magic I&E Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Magic I&E, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Magic I&E's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Magic I&E

Recent activity within the organization

  • Annual General Meeting

    Magic I&E Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Magic I&E Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 45.50 M with Charge ID 100486010 was registered on 15 Sep 2021.

  • Charges

    A charge registered on 29 Aug 2017 via Charge ID 100122144 with Punjab And Maharashtra Co-Operative Bank Limited was fully satisfied on 31 Mar 2021.

  • Charges

    A charge with Others amounted to Rs. 21.00 M with Charge ID 100437048 was registered on 26 Mar 2021.

  • Charges

    A charge with Punjab And Maharashtra Co-Operative Bank Limited of Rs. 80.00 M registered on 29 Aug 2017 with Charge ID 100122144 was modified on 11 Jul 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Magic I&E Private Limited?

    Magic I&E Private Limited was incorporated on 13 Jul 2016.

  • What is authorized share capital and paid-up capital of Magic I&E Private Limited?

    The authorized share capital of Magic I&E Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.35 M.

  • Who are the current board members & directors of Magic I&E Private Limited?

    Currently 3 directors are associated with Magic I&E Private Limited.

    • Vinod Daulat Rupani
    • Bipin Sanadi Shivajirao
    • Hemant Gopal Thawani

  • What is the registered address of Magic I&E Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Magic I&E Private Limited is Room No. 25 Matruchhaya Sarojini Naidu Road, Mulund West India, Mumbai, Maharashtra, 400080.

  • What is the corporate identification number (CIN) and company number of Magic I&E Private Limited?

    The corporate identification number (CIN) of Magic I&E Private Limited is U51596MH2016PTC283605 and the company number is 283605 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Magic I&E Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Magic I&E Private Limited has fallen by -94.78%.

  • What change has been observed in the net worth of Magic I&E Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Magic I&E Private Limited has experienced an downturn of -127.25%.

  • What are the total open charges for Magic I&E Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Magic I&E Private Limited amount to ₹ 6.65 Cr.

  • When was the last Balance Sheet of Magic I&E Private Limited filed with the ROC?

    The most recent Balance Sheet for Magic I&E Private Limited was filed with the ROC on 31 Mar 2023.

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